Jack Reed actually said...

"And then there are other times when, frankly, it is in our best interest economically to try to encourage the housing market."

"But I would say this, Senator, is legislating these numbers may be locking in to a position where a regulator could do a better job if they were required to be transparent, use econometric modeling, u..."

"And I think that is an opportunity, to the degree that we can be helpful, we would love to talk about other ways to get there that hopefully could satisfy the broad set of stakeholders."

"Well, thank you very much, Mr. Chairman, and gentlemen, thank you for your testimony, and not only your testimony but the work you have done over many years to help us understand the issues and come u..."